Moneda, intercambios efectivos y desempleo keynesiano

This paper aims at building up a simple model of a decentralized monetary economy with Keynesian unemployment. The existence of involuntary unemployment is based on the organization of trades. Money plays a critical role in coordinating decentralized transactions in equilibrium and in disequilibrium. Without perfect expectations, trades occur out of equilibrium. However, Keynesian unemployment is essentially an equilibrium phenomenom

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Year of publication:	2003
Authors:	Julien, Ludovic
Published in:	Lecturas de Economía. - Departamento de Economía, ISSN 0120-2596. - 2003, 59, p. 149-176
Publisher:	Departamento de Economía
Subject:	involuntary unemployment \| equilibrium \| Keynesian unemployment

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Extent:	application/pdf
Type of publication:	Article
Language:	Spanish
Classification:	B20 - History of Economic Thought since 1925. General ; E12 - Keynes; Keynesian; Post-Keynesian ; E40 - Money and Interest Rates. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005464617